---
schema_version: "secwatch.filing_event.v1"
accession: "0001516551-21-000031"
form_type: "8-K"
ticker: "SKYE"
cik: "0001516551"
company_name: "Skye Bioscience, Inc."
filed_at: "2021-12-20T23:59:59+00:00"
generated_at: "2026-06-27T23:40:46.844153+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Skye Bioscience appoints Dr. Keith Ward to board, promotes Tu Diep to CDO

## Summary
- Dr. Ward elected to board; receives $40K annual director fee, $1K committee pay, and options for 250K shares vesting monthly over one year.
- CEO Punit Dhillon granted 2,000,000 RSUs and 3,090,000 stock options at $0.058/share; Kaitlyn Arsenault granted 1,000,000 RSUs and 1,770,000 options.
- Tu Diep promoted from SVP of Development to Chief Development Officer, effective immediately.
- Options to Dhillon and Arsenault vest 25% at one year then monthly; fully vest on change of control; expire Dec 14, 2031.

## SEC filing metadata
- accession: 0001516551-21-000031
- form_type: 8-K
- ticker: SKYE
- cik: 0001516551
- company_name: Skye Bioscience, Inc.
- filed_at: 2021-12-20T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1516551/000151655121000031/0001516551-21-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1516551/000151655121000031/skye-20211214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001516551-21-000031
- JSON: https://secwatch.observer/filing/0001516551-21-000031.json
- Plain text: https://secwatch.observer/filing/0001516551-21-000031.txt

## Key facts
- Executive change
  Keith Ward was elected as Director at Skye Bioscience, Inc..
  - Action: elected
  - Role: Director
  source text: elected Dr. Keith Ward, Ph.D. to fill such vacancy and serve as a director
  evidence_url: https://www.sec.gov/Archives/edgar/data/1516551/000151655121000031/0001516551-21-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.